Telco MLM
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Has anyone attended or come across telco companies that uses MLM?
I just attend one meeting. I was my first encounter with such telco company. -
been around for some time liao......
i get calls from them with amazingly attractive packages
after i hear the terms & conditions..........sollie, not interested.....bye
i oso kicked some blokes who tried to solicit in Marketplace...... -
What are the terms & conditions ?Originally posted by FireIce:been around for some time liao......
i get calls from them with amazingly attractive packages
after i hear the terms & conditions..........sollie, not interested.....bye
i oso kicked some blokes who tried to solicit in Marketplace......
The one that I heard says that I have to pay $60 - $75 per month to maintain it. At first I thought only need to pay one time registration fee, that's it. cuz Nuskin is like that (I dun have Nuskin though). Pay one time $65 of life membership, that's all. Then for the rest of your life, you can use the membership to purchase the product/service only as and when you need.
But this telco one needs me to pay this money every month. I don't even need it. The service is supposed to help me save on my phone bill. But hor... I checked the starhub bill. I hardly exceed $35 every month.
At first I thought of sarporting my friend who invited me there. But the monthly thing is a turnoff. I definitely won't sign up to do business... not so into telco business. But sign up as a user, I will put it on hold for the time being. If my phone bill ever exceeds $150, then I consider. If not, bo hua.
Very new company. Yesterday was the very first meeting. -
Nobody else has experience with Telco??
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Hi all,
Beware of a new coy called CosLab. They are cheaters as well. The top guys (Steve & Kelvin) are from NOP as well. Even the management level are from NOP. THEY ARE OUT TO CHEAT PEOPLE AGAIN.
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Hi there...Originally posted by Honeybunz:Has anyone attended or come across telco companies that uses MLM?
I just attend one meeting. I was my first encounter with such telco company.
I've been in telco mlm for almost a year now...
My take on it??
The telco mlm industry is still stabilising as more and more companies come up.
Unsurprisingly, most of these companies are using Singapore as the S.E.A. Headquarters...cos of our excellent infrastucture.
This being a multi-billion dollar industry and also very technological, the small players are bound to lose out due to financial incapacity to compete.
My advice, go for telco-mlm that are backed by world standard companies with the finance to compete. Or even better, the company owns their own products and patented technology.
Do your due diligence and research before joining ANY mlm company.
I have been in 4 telco-mlm companies now, and finally settled for an American based one that is also opening HQ in sg...
Anyway which company was it that you attended for the talk?? -
WHich new company is it and where will the headquarters location in Singapore be?Originally posted by dweebzs:I have been in 4 telco-mlm companies now, and finally settled for an American based one that is also opening HQ in sg...
Anyway which company was it that you attended for the talk?? -
Originally posted by dweebzs:
I can't remember the coy name. The meeting is at a bldg next to Singapore Conference Hall.
Hi there...
I've been in telco mlm for almost a year now...
My take on it??
The telco mlm industry is still stabilising as more and more companies come up.
Unsurprisingly, most of these companies are using Singapore as the S.E.A. Headquarters...cos of our excellent infrastucture.
This being a multi-billion dollar industry and also very technological, the small players are bound to lose out due to financial incapacity to compete.
My advice, go for telco-mlm that are backed by world standard companies with the finance to compete. Or even better, the company owns their own products and patented technology.
[b]Do your due diligence and research before joining ANY mlm company.
I have been in 4 telco-mlm companies now, and finally settled for an American based one that is also opening HQ in sg...
Anyway which company was it that you attended for the talk??[/b] -
Hi Networker,Originally posted by Networker:WHich new company is it and where will the headquarters location in Singapore be?
Due to the fact that this company im with just arrived in Singapore and the office will be opened only in 1-2 weeks, I do not wish to reveal any information as yet in case it misleads.
However, I have met with the Singapore HQ director and made some closed door meetings with some selected leaders who are extremely excited about this.
The word will be out in weeks and we are expecting to reshape the telco-mlm market here in Singapore and the region, because of our Patented Technology that is owned by the company that overtakes all the other companies.
plus 100% Money Back Guarantee, we really beat the competition.
This is a really massive leap.
If you want insider's info, just email me or PM me please so as to avoid spamming.
Regards. -
They have to work on the marketing big time.
From what I read here, they seems to be in on a bad start already. -
Hi Parka,Originally posted by Parka: They have to work on the marketing big time.
From what I read here, they seems to be in on a bad start already.
what are u referring to?? -
Anyone else around here doing Telco based MLM company??
I wana know the market situation and see which companies are toughing out the stiff competition.... Its just moving too fast too soon... not sure if that is a good thing.
Your insights wld be lovely!
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Aah Hyperfone....
I hear its been doing well in the States... I heard that they have been looking for venues for offices in Singapore. I have doubts though abt the penetration power of telco based company in Singapore. -
Can you give the name of the co and details of the compenation plan?
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The telco mlm industry is still stabilising as more and more companies come up.
becareful of the MLM bubble, or more so, the telco bubble...cuz as many more companies come in, then some may collapse and fail....bubble burst.
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very true which is why i wanted to know what the compensation plan was and the name of the co.Originally posted by nightzip:becareful of the MLM bubble, or more so, the telco bubble...cuz as many more companies come in, then some may collapse and fail....bubble burst. -
Ratty, the company in question here is Called Hyperfone.(for more info click on my signature belowOriginally posted by ratty:very true which is why i wanted to know what the compensation plan was and the name of the co.
)
Its US based and as cited by Networker, has been doing well in the states.
They have come to SG just last month, final setup to be announced very soon! I'll invite you guys to the opening ok.. hehe
I'll get on very brief about the compensation plan.
Compensation plan is simple - by MLM or RETAIL(will be explained later).
The MLM part:
- its binary - 5 types of bonuses.
- Membership is US$99(IBR) or US$298(IBO)
- as expected earnings for IBO is more.
Note: US$298 consist of US$250 worth of their Intelestream-Voice-email product (excluding purchase of the IP Phones)
If decide to buy the IP Phone as well, would add in cost of which particular model is bought.
Taking IBO distributor as example.
1) Fast Start Bonus
- Sponsor any new IBOs and you earn US$100 each
(Tip: Sponsor 3 IBOs and you cover your initial investment of US298)
- 100PV added to your left or right leg
2 & 3) Double Cash Bonus + Monthly Service Commission
- If new member or end-user purchase IP phone get either US$15 or US$30 (depends on which model bought)
- 15PV or 30PV added to left or right leg
- 5%-10% on your network's monthly usage of the Hyperfone service.
4) Cycle Bonus
- 300(left):600(right) or 600(left):300(right) pays US$100
- NO FLUSHING
5) Matching Bonus
- (Directly sponsor more than 6 persons) you will receive additional US$10 for every of your direct sponsor's Cycle Bonus.
The RETAIL part:
Now the product works very reliably(with money-back guarantee) that we are confident enought to market it to End-users and Corporates as well.
- This is where we do RETAIL and not MLM(cant expect to recruit a company to do MLM rite?)
The earnings from Retail is exactly as Bonus no. 2 & 3 above.
eg. One off retail profit for purchasing the IP Phone
and A company uses $2000/month worth of calls thru the Hyperfone, you receive 5-10% of their usage per month =US$100 to US$200.
That's about it.
Need more clarifications? Can always contact me or meet up for product demo.
Its totally open to critiques.... -
NightZip is totally correct on this point.Originally posted by nightzip:becareful of the MLM bubble, or more so, the telco bubble...cuz as many more companies come in, then some may collapse and fail....bubble burst.
There is no guarantee of success in any company.
Totally dependent on your own research and also knowledge of the market demand and supplies.
Just a few reasons why I think Hyperfone stands a good chance.
1) I've been studying and participated some of the Telco-based MLM companies for the past 12months - some have 'wound up' while some have 'stagnated' while some are 'gaining success'....
The reality is, Telco-based MLM in sg and in the region is still relatively new.
Which means Hyperfone is in a relatively new market, ie. more opportunities of gaining market share.
2) The companies that have so far survived the stiff competition and gaining success are the bigger companies with strong financial and technical backup.
PLUS most importantly, with good company management and distributor servicing.
Hyperfone is run by IBN- International Business Network - Professionals!
(please visit the website by clicking on my signature below and read about them and who are the people in the management team)
Test the IBN Training System!
Go to Distributor Login at top right hand corner of the webpage and enter 'demo' for both username and password. See what they have to offer distributors.
3) Most of the Telco-based MLM companies that are around are Resellers of the manufacturer's products and technology. This posed a very big issue with one of the companies when the manufacturer decided to market the products with their own MLM plan! The Reseller had practically no product to sell for a period of time...
Hyperfone owns its propriety technologies and products!
It even has a patented technology that so far no other companies have.
4) All the telco-based MLM companies are heading towards marketing VoIP technology. Why?About 13% of the worlds long distance calls already go through VOIP and industry experts Frost & Sullivan say, "VOIP traffic is projected to account for approximately 75 percent of the worlds voice traffic by 2007."
- Hyperfone is all about VoIP! Basically its one of the most popular VoIP service providers inthe US..
And the prestigious Forester Research Group says that by the year 2020 virtually all regular and cellular calls will go through the Internet.
This means that the growth of this new technology over the next several years is going to be like nothing we've ever seen, and this phenomenal growth will continue for many years to come.
5) So far all VoIP services can work ONLY on hi-speed and broadband connection. (Do a search on most popular VoIP providers)
- ONLY Hyperfone owns patented technology that allows its VoIP service to work on dial-up connection as slow as 28kbps!
Now think of the huge advantage we have thanks to this patented technology, especially when marketing to the Asian countries who are mostly still using Dial-up connection!
VoIP is the biggest shift in communications since Alexander Graham Bell invented the telephone.
These are just my views.
As I always tell everyone, do your due diligence before getting into any biz opportunities. -
I attended a talk by a Telco recently. This is the system.
Buy the membership at $75, out of which $60 is the airtime and the membership fee is only $15. When you sign up, it is compulsory to buy the product -- $60 worth of airtime. You cannot pay anything less than $75.
When you recruit, your downline pays $75 and you get a commission out of it. Isn't this like pyramid, where you earn from recruiting new members? But they were very smart. They say that the commission is not from the recruitment. It is on the $60 worth of air time that your downline has purchase upon signing up.
In other words, pyramid still exists. But they cleverly do it under the pretext of MLM. During the talk, they emphasise so much on recruitment and little on the product itself. Come on lah. I have been to other talks. Most of them emphasise on how good and how great is the product, but this company doesn't. And guess what? The speaker, Andrew, was actually previously from another Telco MLM called the 1CellNet. My friend signed up for that one before and the company shut down for a period of time. Andrew is a very inspiring speaker. But too bad. The very fact that I know he was from another company has already discredited his name.
My friend who invited me kept wanting to recruit me. He is my friend, and he needs money. So I told him that I will buy the membership, but I won't do the business. Isn't this very clear that I just want to give him a little support? I told him that I will just want to use the airtime and that's it. I don't want to do any recruitment or sales of airtime. But my friend kept asking me, why not do the business since day in day out I am meeting people. I told him that I can help him meet these ppl that I see every day, who can be converted to his customers. He kept insisting me doing the business and help recruit these people. I told him that I am busy. Maybe later when I am more free from my workload. He would say "Why not now?"
What is wrong with him? Does he need me to tell him straight that I am talking to him just because I am feeling sorry for him??? Thank God after the last conversation, he hasn't been calling me. -
Hi All,
Be careful about MLM. There is a new method call EMM- Exact Method Marketing -
https://www.fscstore.com/default.cfm?UserName=PayMeWell&Shopping=ListCategories&HideBackOffice=1 -
Hi Frust Mum,Originally posted by FrustMom:I attended a talk by a Telco recently. This is the system.
Buy the membership at $75, out of which $60 is the airtime and the membership fee is only $15. When you sign up, it is compulsory to buy the product -- $60 worth of airtime. You cannot pay anything less than $75.
When you recruit, your downline pays $75 and you get a commission out of it. Isn't this like pyramid, where you earn from recruiting new members? But they were very smart. They say that the commission is not from the recruitment. It is on the $60 worth of air time that your downline has purchase upon signing up.
In other words, pyramid still exists. But they cleverly do it under the pretext of MLM. During the talk, they emphasise so much on recruitment and little on the product itself. Come on lah. I have been to other talks. Most of them emphasise on how good and how great is the product, but this company doesn't. And guess what? The speaker, Andrew, was actually previously from another Telco MLM called the 1CellNet. My friend signed up for that one before and the company shut down for a period of time. Andrew is a very inspiring speaker. But too bad. The very fact that I know he was from another company has already discredited his name.
My friend who invited me kept wanting to recruit me. He is my friend, and he needs money. So I told him that I will buy the membership, but I won't do the business. Isn't this very clear that I just want to give him a little support? I told him that I will just want to use the airtime and that's it. I don't want to do any recruitment or sales of airtime. But my friend kept asking me, why not do the business since day in day out I am meeting people. I told him that I can help him meet these ppl that I see every day, who can be converted to his customers. He kept insisting me doing the business and help recruit these people. I told him that I am busy. Maybe later when I am more free from my workload. He would say "Why not now?"
What is wrong with him? Does he need me to tell him straight that I am talking to him just because I am feeling sorry for him??? Thank God after the last conversation, he hasn't been calling me.
you really do sound frust... hehe
The story of your friend, its very common practice in networkers i guess.
I'm NOT condoning it; networkers really should raise the bar in their professionalism.(this is a reminder to myself as well)
Anyway may i know which telco-mlm based company it was that you are referring to in your post??
Thanks. -
Sorry to hear that your friend do not know when to stop.... As you mention, he need money and tat y he don't know when to stop. I heard of Telco MLM but never get to hear their presentation nor uses their service. Since you have sign up, can elaborate the service, good or bad. My monthly bill exceed $ 100 buck... hope to cut down leh .....Originally posted by FrustMom:I attended a talk by a Telco recently. This is the system.
Buy the membership at $75, out of which $60 is the airtime and the membership fee is only $15. When you sign up, it is compulsory to buy the product -- $60 worth of airtime. You cannot pay anything less than $75.
When you recruit, your downline pays $75 and you get a commission out of it. Isn't this like pyramid, where you earn from recruiting new members? But they were very smart. They say that the commission is not from the recruitment. It is on the $60 worth of air time that your downline has purchase upon signing up.
In other words, pyramid still exists. But they cleverly do it under the pretext of MLM. During the talk, they emphasise so much on recruitment and little on the product itself. Come on lah. I have been to other talks. Most of them emphasise on how good and how great is the product, but this company doesn't. And guess what? The speaker, Andrew, was actually previously from another Telco MLM called the 1CellNet. My friend signed up for that one before and the company shut down for a period of time. Andrew is a very inspiring speaker. But too bad. The very fact that I know he was from another company has already discredited his name.
My friend who invited me kept wanting to recruit me. He is my friend, and he needs money. So I told him that I will buy the membership, but I won't do the business. Isn't this very clear that I just want to give him a little support? I told him that I will just want to use the airtime and that's it. I don't want to do any recruitment or sales of airtime. But my friend kept asking me, why not do the business since day in day out I am meeting people. I told him that I can help him meet these ppl that I see every day, who can be converted to his customers. He kept insisting me doing the business and help recruit these people. I told him that I am busy. Maybe later when I am more free from my workload. He would say "Why not now?"
What is wrong with him? Does he need me to tell him straight that I am talking to him just because I am feeling sorry for him??? Thank God after the last conversation, he hasn't been calling me. -
Pls read addendum at the bottom of this post for More Great News!
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Hi again people!
Ive finally got an update on the telco-based MLM company i'm with...
And i tell you its worth the wait...
They said they have a surprise for us...and oh boy were we shocked! *jaws dropped*
1) The management of the company has bought over 50% of their production company.This means they are now fully in control of production, supplies, marketing and customer service.
2) They have introduced changes to the compensation plan, allowing FREE Affiliate members to join in under other distributors, and can still earn money!
- Imagine the no. of downlines you can build! And they will want to upgrade later to earn even more!
3) They have revised their call rates. U can call many countries for just US$0.029 = S$=0.048 to many parts of Europe, US, Canada, Japan, Singapore etc2
And member to member calls are always free anywhere!
4) They have an INSANE Offer!!!
While ppl are arguing about product stocking up/frontloading of products and not able to sell off.....
The Company is paying its distributors and affiliates to give away their IP Phones for FREE (worth USD124.95 - inclusive handling and shipping)!!
They get paid on the customer's subscription!
- its like u sign up a plan with singtel and you get a mobile phone free.
- imagine the no. of customers/users that will be under you bcos of this offer!
- these customers will enjoy their free phone, sign up as free affiliates and spread the word even further!!
Now we can all afford to make cheap or even FREE calls all over the world!!
If you would like to take advantage of this offer, then I urge you to email me or PM me before the chance is lost!
We will hold the leaders meeting soon. Invitation is open to all!
Best regards.
Addendum: More great news!
The company has finally tied up the loose ends and the local office - Singapore is the Asian HQ - is finally READY!!
And we are holding our official FIRST Leaders' Meeting in Singapore:
Saturday 14th May 2005 @ 5PM !!
The meeting is open to all...
Anyone who wana attend you can SMS me your name before 5pm for venue and confirmation - 94232225
Hope to see u there!